Weak rates pull China Cosco to $1.4 billion loss – JOC.com

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JOC.comWeak rates pull China Cosco to $1.4 billion lossJOC.comCosco Shipping told the stock exchange, or Bourse, that although container shipping volume increased 54 percent last year, to 16.9 million twenty-foot-equivalent units (TEUs), freight rates …


JOC.com

Weak rates pull China Cosco to $1.4 billion loss
JOC.com
Cosco Shipping told the stock exchange, or Bourse, that although container shipping volume increased 54 percent last year, to 16.9 million twenty-foot-equivalent units (TEUs), freight rates did not keep pace. Rates per TEU on international routes fell

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